1655 W 53Rd St Los Angeles, CA 90062

$345,000 Sold Price as of 06/20/2017

2 Beds
1 Baths
960 Sq.Ft.

Off Market

$345,000 Sold Price as of 06/20/2017 Refinance Your Mortgage

Map preview of 1655 W 53Rd St, Los Angeles, CA 90062

Property Overview: 1655 W 53Rd St Los Angeles, CA has 2 bedrooms, 1 bathrooms, 960 living square feet and 5,321 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1655 W 53Rd St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1655 W 53Rd St

Last sold for $520,000 on July 24th, 2017

July, 2017
Jul 27, 2017

Date

Sold

CRMLS: CV17089575

$520,000

Price
Jul 6, 2017

Date

Pending

CRMLS: CV17089575

$520,000

Price
May 30, 2017

Date

Active Under Contract

CRMLS: CV17089575

$520,000

Price
May 12, 2017

Date

Active

CRMLS: CV17089575

$520,000

Price
May 12, 2017

Date

Price Change

CRMLS: CV17089575

$520,000

Price
May 7, 2017

Date

Active Under Contract

CRMLS: CV17089575

$505,000

Price
Apr 28, 2017

Date

Active

CRMLS: CV17089575

$505,000

Price
Listing provided courtesy of CRMLS

Prime 2 unit property. Front house is a 3 bedroom 1 bath with 1349 square feet. The rear unit is a detached 1 bedroom 1 bath house with 676 square feet that was built in 1923. Both units have had a "face-lift". New wood and tile floors, paint, kitchen cabinets, and remodeled bath. Fantastic opportunity to live in a 3 bedroom home and rent the other to help with the mortgage payment. Or, for an investor to get maximum going rental income due to the condition and location of the homes on the lot. Yard for the front unit and rear unit as well. Can take advantage of units being vacant so you can establish the going rent. New water heaters and termite completion. Both units also have their own laundry rooms inside. Central to all amenities. Property is gated. Garage is old and used as a storage. It would accommodate 1 car and is accessible from the alley. Rents listed are an estimate based on surveying similar units within a 2 mile radius.

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June, 2017
Jun 20, 2017

Date

Sold (Public Records)

Public Records

$345,000

Price
March, 1999
Mar 10, 1999

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1655 W 53Rd St

Assessed Value (2020): $366,115

Year	Land Value	Improved Value	Assessed Value
2020	$292,893	$73,222	$366,115

About 1655 W 53Rd St

Detailed summary of property

1655 W 53Rd St is a single family home in Los Angeles, CA 90062 and last sold on June 20, 2017 for $345,000. This house has 2 bedrooms, 1 bathrooms, roughly 960 living square feet, and sits on an approximately 5,321 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 69.2% lower than the current median priced home. 1655 W 53Rd St was last sold on June 20, 2017 for $345,000. Local nearby listings include 1733 W 60th St, 1643 W 46th St and 1822 W 48th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1655 W 53Rd St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1655 W 53Rd St

Public county record property details

Beds: 2
Baths: 1
Year built: 1910
Sq. Ft.: 960
Lot Size: 5,321
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 5003-011-026

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$850,000

Median List Price/Sq.Ft.

$561

Median Sold Price

$645,000

Median Sold Price/Sq.Ft.

$477

Total Inventory

Median Sale to List Price %

104.88%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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